Replies to post #31588 on Viva Entertainment Group Inc (OTTV)

[dinogreeves]

Note was being converted on Friday, I was watching the tape 10,000 slaps on the ask for over 800,000 shares and the ask didn't move, that means dilution. i don't care, i don't mind the dilution the company is going somewhere and little dilution here and there as long as it's methodical, it's alright. Also, if you have a fact, show proof and by doing that you need to provide links and just state "that's a fact" that is statement not a fact, a statement could be false or true. If you are going to debunk anyone, come up with solid proof. I have been doing this for many, many years, hold a series 6 & 7 license, once worked at Ameriprise Financial as part of the elite group.

[shotsky]

Companies convert loans to shares all the time. Some are delinquent for over a year, and still convert. I have seen this with my own eyes. The SEC has nothing to do with companies getting, paying or converting loans. They DO care about splits, or other news that can affect the stock price, but a loan conversion does not fit that category - a material event. Nor does a dilution require a notice to shareholders. In the end, however, what has happened financially will eventually show up in quarterly or annual reports, or 8K's, but not necessarily at the time it happens.
Companies do have to report when they decide to buy up their own shares, as that is a material event that can drive stock price.